Jumia Expands to West Africa With Retailer Leroy Merlin
Jumia Expands to West Africa With Retailer Leroy Merlin
March 22, 2023  |  Retail

Pan-African eCommerce firm Jumia has agreed to sell retailer Leroy Merlin’s products in West Africa. The agreement is part of Jumia’s plan to halve costs and extend its reach...

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JPMorgan Chase Buys Data Firm Aumni in Bid to Court VCs
JPMorgan Chase Buys Data Firm Aumni in Bid to Court VCs
March 22, 2023  |  Acquisitions

J.P. Morgan Chase is reportedly buying Aumni, a data analytics firm for startup investors. The deal is part of a larger effort by America’s biggest...

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SAP Fioneer Launches B2B Embedded Finance Platform for Financial Institutions
SAP Fioneer Launches B2B Embedded Finance Platform for Financial Institutions
March 22, 2023  |  B2B Payments

SAP Fioneer has launched a B2B embedded finance platform for use by financial service institutions. The new Fioneer Embedded Finance as a Service (EFaaS) provides...

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Generative AI Shows Its Flaws as Google, OpenAI Competition Intensifies
Generative AI Shows Its Flaws as Google, OpenAI Competition Intensifies
March 22, 2023  |  Artificial Intelligence

Artificial intelligence (AI) solutions are set to be the greatest thing since sliced bread. Just ask Bill Gates. But as tech giants like Microsoft and...

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Billie and Mollie Partner to Offer B2B BNPL Across Europe
Billie and Mollie Partner to Offer B2B BNPL Across Europe
March 22, 2023  |  BNPL

Billie and Mollie have partnered to offer B2B buy now, pay later (BNPL) across Europe. With this partnership, Billie’s B2B BNPL solutions have been integrated...

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Just Eat Cuts 1,700 Drivers in Return to Gig Model
Just Eat Cuts 1,700 Drivers in Return to Gig Model
March 22, 2023  |  Delivery

As food delivery aggregators feel the macroeconomic pressures, some are responding with major layoffs. Just Eat Takeaway’s United Kingdom arm, for its part, is gearing...

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Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
March 22, 2023  |  Retail

Thanks to its robust direct-to-consumer (D2C) sales strategy, better inventory management and a rebound in China, Nike is finding itself in a better position than...

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Amazon Pay’s Faster Merchant Payouts Moves 2-Sided Network Into Open Ecosystem
Amazon Pay’s Faster Merchant Payouts Moves 2-Sided Network Into Open Ecosystem
March 22, 2023  |  eCommerce

The two-sided network is a simple concept where buyers and sellers come together. Amazon’s moves in recent days spotlight the eCommerce juggernaut’s ambitions to expand...

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Just Eat Rethinks Gig Worker Model and Cuts 1,700 Jobs
Just Eat Rethinks Gig Worker Model and Cuts 1,700 Jobs
March 22, 2023  |  Delivery

Delivery giant Just Eat Takeaway is reportedly cutting 1,700 driver jobs in the U.K. Those jobs will be replaced by gig workers, per published reports...

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